Tuesday, June 12, 2007

With a $48M cap, the Leafs have approximately $6.5M to sign Colaiacovo, Harrison, Williams a back-up goalie and acquire any new bodies through UFA/RFA signings.

Salary Commitments

Player

Pos

Status

06-07 Cap Hit

07-08 Cap Hit

Belfour

G

Year 2 of buy-out

$750K

$750K

Devereaux

F

Signed to 2009

$450K

$650K

Antropov

F

Signed to 2009

$1.125M

$2.05M

Kilger

F

Signed to 2009

$900K

$900K

Newbury

F

Signed to 2009

$450K

$450K

Ondrus

F

Signed to 2008

$475K

$475K

Pohl

F

Signed to 2009

$463K

$463K

Ponikarovsky

F

Signed to 2010

$713K

$2.105M

Raycroft

G

Signed to 2009

$2M

$2M

Stajan

F

Signed to 2008

$875K

$875K

Steen

F

Signed to 2008

$901K

$901K

Tucker

F

Signed to 2012

$1.59M

$3M

Sundin

F

Club option

$6.33M

$5.5M

Wellwood

F

Signed to 2008

$875K

$875K

Westrum

F

Signed to 2008

$463K

$463K

Belak

D

Signed to 2008

$670K

$670K

Gill

D

Signed to 2009

$2.075M

$2.075M

Kaberle

D

Signed to 2011

$4.25M

$4.25M

Kronwall

D

Signed to 2009

$625K

$487.5K

Kubina

D

Signed to 2010

$5M

$5M

McCabe

D

Signed to 2011

$5.75M

$5.75M

White

D

Signed to 2010

$453K

$850K

Wozniewski

D

Signed to 2008

$463K

$463

TOTAL

$41,002,500

Remaining Leaf RFAs

Player

Pos

Status

06-07 Cap Hit

07-08 Minimum Cap Hit*

Colaiacovo

D

RFA

$825K

$866K

Harrison

D

RFA

$450K

$495K

Kronwall

D

RFA

SIGNED

Williams

F

RFA

$570K

$557K

TOTAL

$1,918,000

Salary cap is expected to rise to $47 to $48 million for 2007-08

* RFAs earning $600K or less, must be qualified with a 10% raise; RFAs earning earning $660,001 to $1M, must be qualified with a 5% raise - these are the required minimums only, players may, can and will likely sign for more (RFA Ponikarovsky's salary tripled; UFA Antropov's salary doubled).

7 comments:

That means Kronwall's salary cap hit is $487,500 in each of the next 2 seasons. Also, $475K is the league minimum this season and I think that rised to $500K next year so essentially Kronwall is on a 2 year league minimum one-way deal.

The only thing I can come up with is that Kronwall decided to sign for the league minimum in return for getting a one-way deal.

Kronwall could have held out for a $656K qualifying offer, but looking at how JFJ qualified (or was it threatened to qualify?)Antropov with a two-way deal last year, he decided to give up $181K to take the guaranteed contract...it's nice to see JFJ use some leverage and it looks like a good deal for everybody.

The benefits of having lots of money to spend is that you can offer $500,000 one way contracts and not mind if he sits in the minors and makes it. Other teams cannot really afford to do that, or at least not to too many players.

But I have to wonder that with all these defensemen signed if one of White or Colaiacovo could be moved for a young, talented forward.

Not all of that money will be on the big club nor will it all count towards the cap.

For example, at least $900K worth of defence will not be with the team (two of woz, kronwall, belak) and most likely Newbury, Ondrus, and Westrum won't make the team especially if Belak is kept as a utility player so that's another $900K-1.4M that will be in the minors.